Year: 2019

ANN ARBOR, Mich., Nov. 22, 2019 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR) today announced that, on November 20, 2019, the Compensation Committee of Esperion’s Board of Directors granted 61,705 restricted stock units (RSUs) to fifty-four new colleagues under Esperion’s 2017 Inducement Equity Incentive Plan.The 2017 Inducement Equity Incentive Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Esperion (or following a bona fide period of non-employment), as an inducement material to such individual’s entering into employment with Esperion, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.Each RSU will vest as to twenty-five percent of the shares on the one year anniversary of the recipient’s start date, and will vest as to the remaining...

RAPID CITY, S.D., Nov. 22, 2019 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced its Colorado Electric utility subsidiary, doing business as Black Hills Energy, submitted a proposal to the Colorado Public Utilities Commission seeking approval of a plan that would add up to 200 megawatts of new, low-cost renewable energy resources to its Southern Colorado system.As proposed, Black Hills Energy’s Renewable Advantage plan would open a competitive solicitation process in December, seeking proposals for new, utility-scale renewable energy projects to include wind, solar and battery storage – up to 200 megawatts of energy. While the company’s Colorado electric utility has sufficient power resources to meet customers’ day-to-day electricity needs, Renewable Advantage is expected to deliver significant customer savings by...

OTTOWA, Nov. 22, 2019 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) announces that on November 21, 2019, it received an updated valuation report on the estimated fair market value for accounting purposes of its investment in Exploraciones Novomining S.A. (“ENSA”). ENSA is an Ecuadorean company owned by SolGold Plc and Cornerstone, that holds 100% of the Cascabel concession.The periodic valuation of the investment is required by International Financial Reporting Standards (IFRS). The Company engaged a valuation firm to assist in the reevaluation of that investment after receipt of the National Instrument 43-101 technical report on the Alpala Deposit filed on Sedar on January 3, 2019 as a result of the November 20, 2018 disclosure of the updated mineral...

PRINCETON, N.J., Nov. 22, 2019 (GLOBE NEWSWIRE) — Oyster Point Pharma, Inc. (Nasdaq: OYST), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of first-in-class pharmaceutical therapies to treat ocular surface diseases, announced the positive top-line results from its Phase 1 “ZEN” study in healthy volunteers. The ZEN Study was an open-label, single-center, randomized, 2-way crossover study to evaluate the relative bioavailability of varenicline administered as a preservative-free nasal spray (OC-01 nasal spray) as compared to varenicline administered orally as a single oral dose of Chantix®.The ZEN study was designed to assess the relative bioavailability of varenicline administered intranasally at its highest intended clinical strength (1.2 mg/ml in a 50 microliter nasal spray)...

TORONTO, Nov. 22, 2019 (GLOBE NEWSWIRE) — M Split Corp. (the “Company”) announces a pro-rata redemption of XMF.PR.B Class I Preferred Shares (“Class I Preferred Shares”) and a XMF.A Capital Share (“Capital Share”) consolidation in order to maintain an equal number of Capital Shares, Class I Preferred Shares and XMF.PR.C Class II Preferred Shares (“Class II Preferred Shares”) outstanding.In connection with the termination date extension of the Company for a further five years to December 1, 2024, an additional retraction right was offered allowing existing shareholders to tender any or all classes of Shares and receive a retraction price based on the November 29, 2019 net asset value per unit, payable on or before December 16, 2019.  There were more Class II Preferred Shares retracted than Capital Shares and Class I Preferred Shares....

NEWMARKET, Ontario, Nov. 22, 2019 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced that Ms. Lisa Swartzman, Vice-Chair of AirBoss, has terminated the automatic securities disposition plan (“ASDP”) previously announced in the press release dated June 27, 2019.During the fourth quarter of 2014, the Company provided a share purchase loan of C$1,000,000 to Ms. Swartzman to purchase common shares. The share purchase loan was due upon the earlier of the disposition date of all or a proportionate part of the pledged securities or November 24, 2019. Ms. Swartzman elected to sell shares under an ASDP in order to repay the loan. The ASDP was structured under applicable Canadian provincial securities legislation, including the guidance under Ontario Securities Commission’s...

TORONTO, Nov. 22, 2019 (GLOBE NEWSWIRE) — Commerce Split Corp. (the “Company”) announces a pro-rata redemption of YCM.PR.A Class I Preferred Shares (“Class I Preferred Shares”) and a YCM Capital Share (“Capital Share”) consolidation in order to maintain an equal number of Capital Shares, Class I Preferred Shares and YCM.PR.B Class II Preferred Shares (“Class II Preferred Shares”) outstanding. In connection with the termination date extension of the Company for a further five years to December 1, 2024, an additional retraction right was offered allowing existing shareholders to tender any or all classes of Shares and receive a retraction price based on the November 29, 2019 net asset value per unit, payable on or before December 16, 2019. There were more Class II Preferred Shares retracted than Capital Shares and Class I Preferred...

HOUSTON, Nov. 22, 2019 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW), or SAE, today announced that on November 19, 2019, it received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company had not timely filed its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2019 and because the Company remains delinquent in filing its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2019, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required public financial reports with the Securities and Exchange Commission.The Notice has no immediate effect on the listing or trading of the Company’s common stock on the...

CALGARY, Alberta, Nov. 22, 2019 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSXV: MAH) (OTCQB: MKSEF) announces that it has completed the first closing of its previously announced non-brokered private placement of units (the “Units”) of Marksmen (the “Offering”). The Company issued 4,010,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of $200,500. Each Unit is comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.10 per share expiring two (2) years from the date of issuance. The Company intends to complete a second closing of the Offering on or prior to December 6, 2019.Marksmen did not pay any commissions pursuant to the...

RIDGEFIELD, Conn., Nov. 22, 2019 (GLOBE NEWSWIRE) — The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) (the “Company”) today announced the closing of its previously announced offering of its 1.875% convertible senior notes due 2024 (the “Convertible Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company sold $150 million aggregate principal amount of Convertible Notes to the initial purchasers, including $20 million aggregate principal amount of Convertible Notes pursuant to the initial purchasers’ exercise in full of their option to purchase additional Convertible Notes.The net proceeds from the offering were approximately $145.0 million after deducting the initial purchasers’ discounts and commissions and estimated offering...